Financial Analyst

Finance

Job Family

AU$110k

Salary

Average salary in Australia

Job Growth

The number of positions relative to last year

Open Roles

Job openings on Alooba Jobs

Financial Analysts are experts in assessing financial data to aid in decision-making within various sectors. These professionals analyze market trends, investment opportunities, and the financial performance of companies, providing critical insights for investment decisions, business strategy, and economic policy development. They utilize financial modeling, statistical tools, and forecasting techniques, often leveraging software like Excel, and programming languages such as Python or R for their analyses.

What are the typical responsibilities & duties of a Financial Analyst

Analyze financial data to identify trends, patterns, and financial forecasts
Develop and maintain financial models for valuation, simulation, and scenario analysis
Prepare reports and presentations on financial performance, market trends, and investment opportunities
Collaborate with cross-functional teams to understand financial implications of business decisions
Monitor economic and market trends to inform investment strategies
Evaluate company financial statements to assess financial health and performance
Support strategic planning and decision-making processes with financial insights
Conduct risk assessment and provide recommendations for risk mitigation
Communicate complex financial information and insights to non-financial stakeholders
Assist in budgeting, financial planning, and forecasting activities
Stay updated with industry-specific financial regulations and compliance standards
Participate in ad-hoc financial projects and analyses as required

What are the typical required skills & experiences of a Financial Analyst?

Bachelor’s or Master’s degree in Finance, Economics, Accounting, or related field
Proven experience in financial analysis, modeling, and forecasting
Proficiency in Excel, including advanced functions and financial modeling
Familiarity with financial databases and software, such as Bloomberg or Capital IQ
Strong analytical and problem-solving skills with attention to detail
Ability to interpret and analyze large data sets
Excellent communication and presentation skills for conveying financial insights
Knowledge of statistical analysis and tools like Python, R, or SAS
Understanding of financial markets, investment strategies, and economic trends
Strong organizational and time-management abilities
Ability to work under pressure and meet tight deadlines
Experience in regulatory compliance and financial reporting standards

Discover how Alooba can help identify the best Financial Analysts for your team

Financial Analyst Levels

Intern Financial Analyst

An Intern Financial Analyst is an entry-level role where the individual assists in financial planning, budgeting, and forecasting. They are responsible for analyzing financial data, creating financial models, and providing support to the finance team. Their fresh perspective and eagerness to learn make them a valuable addition to any financial team.

Graduate Financial Analyst

A Graduate Financial Analyst is a recent graduate who assists in collecting, monitoring, and creating financial reports. They are detail-oriented, have a strong understanding of business economics, and are ready to apply their academic knowledge to real-world financial challenges.

Junior Financial Analyst

A Junior Financial Analyst is an entry-level professional who assists in financial planning, analysis, and forecasting. They conduct research, prepare financial reports, and provide actionable financial insights to help guide business decisions. Their role is pivotal in supporting financial stability and growth within an organization.

Financial Analyst (Mid-Level)

A Mid-Level Financial Analyst is a crucial player in financial planning and decision-making, adept at analyzing financial data, spotting trends, and providing actionable insights. They leverage their financial acumen and analytical skills to support budgeting, forecasting, and strategic planning, contributing to the financial health and growth of the organization.

Senior Financial Analyst

A Senior Financial Analyst is a seasoned professional who leverages their financial expertise to guide strategic decisions, forecast financial trends, and provide insights for business growth. They are detail-oriented, strategically minded, and have a deep understanding of financial principles and data analysis.

Lead Financial Analyst

A Lead Financial Analyst is a key player in an organization's financial planning and decision-making process. They apply their deep understanding of financial principles and strong analytical skills to interpret financial data, guide budgeting and forecasting efforts, and provide strategic financial recommendations.

Common Financial Analyst Required Skills

AWS Lambda Bias

Binomial Distribution

Business Intelligence

Business Intelligence Development

Classification Models

Customer Data Platforms

Data Pipeline Orchestration

Database Performance Optimisation

Distributed Computing Docker

Feature Dependencies FFT

FFT

Forecasting Funnels

Google Analytics Groovy

Interactive Query Service

Interpersonal Communication Julia

Looker Studio Lua

Lua

Numerical Reasoning NumPy

NumPy

Offline Marketing OLTP

OLTP

Organisational Analytics Pandas

Prescriptive Analytics

Project Management Qlik

Qlik

Quantitative Research

R^2

Recency Bias Redux

Sales Methodologies SciPy

Social Media Analytics Sorting

Trend Analysis Tuples

Tuples

Type 2 Error

Types of Data UAT

UAT

VBA

Visual Basic

Web Application Firewalls

Over 50,000 Candidates Can't Be Wrong

That was definitely my first time ever being interviewed for skill assessment with the Alooba platform. Great experience and the value bestowed through such means is utterly respected on my behalf! I believe such online assessments should become more and more ubiquitous.

Yoav

Senior strategy manager candidate at global travel giant

I attended many online assessments which are kinda complicated where the questions makes no sense considering the job code but these questions makes sense and I can sense what kinda role that I should be doing if I'm selected. The questions are crisp and easy to understand.

Karthick

Senior marketing analytics manager for SE Asian enterprise

Overall, I found the test to be well-designed and comprehensive, effectively assessing the relevant skills and knowledge required for the position. The questions were thought-provoking and challenged me to think critically.

Sami

Senior marketing manager candidate for leading SE Asia corporate

This was a very interesting round and definitely tests our business acumen. Would be excited to see what's ahead.

Anoop

Data analytics candidate for large enterprise

Our Customers Say

I was at WooliesX (Woolworths) and we used Alooba and it was a highly positive experience. We had a large number of candidates. At WooliesX, previously we were quite dependent on the designed test from the team leads. That was quite a manual process. We realised it would take too much time from us. The time saving is great. Even spending 15 minutes per candidate with a manual test would be huge - hours per week, but with Alooba we just see the numbers immediately.

Shen Liu, Logickube (Principal at Logickube)

I wouldn't dream of hiring somebody in a technical role without doing that technical assessment because the number of times where I've had candidates either on paper on the CV, say, I'm a SQL expert or in an interview, saying, I'm brilliant at Excel, I'm brilliant at this. And you actually put them in front of a computer, say, do this task. And some people really struggle. So you have to have that technical assessment.

Mike Yates, The British Psychological Society (Head of Data & Analytics)

We get a high flow of applicants, which leads to potentially longer lead times, causing delays in the pipelines which can lead to missing out on good candidates. Alooba supports both speed and quality. The speed to return to candidates gives us a competitive advantage. Alooba provides a higher level of confidence in the people coming through the pipeline with less time spent interviewing unqualified candidates.

Scott Crowe, Canva (Lead Recruiter - Data)

How can you accurately assess somebody's technical skills, like the same way across the board, right? We had devised a Tableau-based assessment. So it wasn't like a past/fail. It was kind of like, hey, what do they send us? Did they understand the data or the values that they're showing accurate? Where we'd say, hey, here's the credentials to access the data set. And it just wasn't really a scalable way to assess technical - just administering it, all of it was manual, but the whole process sucked!

Cole Brickley, Avicado (Director Data Science & Business Intelligence)